Banks give more interest on Savings Account than Fixed Deposit Account.

True

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False

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Solution

The correct option is B
False

Banks give more interest on Fixed Deposit and Recurring Deposit Account than Savings Account.

Interest rates given on Savings Account is relatively lower than these.

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Similar questions

Fixed deposit account provides more interest than savings bank account.

Banks give no interest on the money deposited in Savings Account.

Current account gives more interest than Savings account.

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